The fluctuations in the cryptocurrency market are like the waves in a turbulent sea, making people feel anxious. However, its charm lies in the fact that it never looks at your past report card. Stop saying "I'll enter the market when it stabilizes"; opportunities in the crypto world never lie in "stability." The real dividends always belong to those who dare to position themselves amid uncertainty. Market volatility is not a risk; not understanding the trend is the biggest risk.
The current price of Bitcoin is approximately 115,280, up 1.32% in the last 24 hours and up 3.93% in the last 7 days. Bitcoin briefly broke through 116,000 in the short term, and technically, it is still in a high-level consolidation state.
From a technical perspective, the daily MACD is still in a golden cross state, overall leaning bullish, but momentum has weakened; the KDJ on the 4-hour chart has risen to 85, in the overbought zone but still has room to rise, indicating that bulls still have momentum but need to be cautious of a pullback. The main resistance level above is at 116,500; if broken, it may test 117,200-117,500 (previous highs). The primary support below is currently at 114,700; if this level can be held, there is hope to continue opening up the upper range.
Suggested trading range: In the 113,500-114,500 range, consider buying on dips, targeting the 115,500-116,500 range.
The current price of Ethereum is approximately 4,518 USD, up 3.07% in the last 24 hours and up 4.02% in the last 7 days. After several days of oscillation, Ethereum has also opened the door to 4,500.
From a technical perspective, the daily chart has shown five consecutive days of gains, with a MACD golden cross emerging, indicating that the bullish momentum remains strong. The hourly K-line has reached the upper Bollinger Band, so be cautious of a pullback risk. Current market sentiment is still neutral to bullish, but technical indicators show signs of some overbought divergence. Avoid chasing highs and selling lows; consider positioning long near support levels and think about reducing positions or trying shorts near resistance levels.
When pulling back to the 4,400-4,450 range, consider entering positions in batches, targeting 4,550-4,600, with a top-up at 4,380 and a stop-loss at 4,350.
Due to the time-sensitive nature of price points, there may be delays in post reviews; specific operations should still be based on real-time market conditions. The above trading range analysis is for reference only; the cryptocurrency market is highly risky, so please manage your risk and make cautious decisions when investing. If you are interested in specific indicator analysis or the impact of new market dynamics on prices, feel free to scan the QR code for the public account in the article below. You are welcome to visit.
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